Latest News on Fiscal Consolidation
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Fiscal Consolidation - Total results - 53
Feb 28, 2018
GDP data key highlights: India's economy grows at 7.2% in third quarter; a booster shot for Narendra Modi govtA strong GDP reading could lift domestic shares, and boost the rupee, which has been Asia’s second weakest currency this year, losing about 1.6 percent against the dollar.
Feb 06, 2018
Task to strengthen public finances left to next govt after 2019 elections: Fitch RatingsThe target for current fiscal was missed largely because of higher expenditure, Fitch said.
Feb 05, 2018
Budget 2018: Govt revising fiscal deficit target to 3.5% won't impact overall economic growth, says Moody'sMoody's says medium-term target to reduce central govt debt-to-GDP ratio to 40 percent is supportive of sovereign credit profile
Feb 02, 2018
Budget 2018: DEA secretary says govt will try to convince Fitch, S&P, other rating agencies on fiscal pathMoody's on Thursday said fiscal deficit projection of 3.3 percent for FY19 is in line with its forecast and the target will be achieved.
Jan 18, 2018
Govt likely to retain fiscal deficit target of 3% for FY19, revise plan to 3.4% for FY18: Deutsche BankFY19 Union Budget to be announced on 1 February is expected to be a populist and to propose more spending towards social sectors
Jan 12, 2018
Budget 2018: Fiscal slippage not a bigger worry than faltering economy; Jaitley shouldn't repeat UPA's mistakeThe additional spending, if directed to kickstart economic engines, can work well to regain the growth momentum, even at the cost of a one-off fiscal slippage
Jan 04, 2018
Govt to opt for wider fiscal deficit target of 3.2% in FY19; borrowings may swell to Rs 5.2 lakh cr: DBSDBS attributed difficulties on fiscal deficit front to shortfall in receipts and added that expenditure has stayed on the planned course
Dec 28, 2017
Govt's higher borrowing of Rs 50,000 crore means there will necessarily be fiscal slippageThe alternative is to have central govt breach fiscal deficit target and borrow more from the market, which is being done now
Dec 12, 2017
Higher fiscal deficit due to Budget being advanced, was expected, says chief statistician TCA AnantBudgetary fiscal deficit for first seven months of 2017-18 stood at 96.1 percent -- Rs 5.25 lakh crore -- of full year's target of Rs 5.46 lakh crore
Dec 11, 2017
Budget 2018: Increase social security pension from Rs 200 to at least Rs 500, experts tell Arun JaitleyAt pre-Budget meet, experts pointed out the amount for social security pension has been abysmally low of Rs 200 per month